Paper Submarine Manufacturing is investigating a lockbox system to reduce its collection time.It has determined the following: 
The total collection time will be reduced by 2 days if the lockbox system is adopted.What is the NPV of adopting the lockbox system?
A) $600,000
B) $675,000
C) $695,000
D) $745,000
E) $795,000
Correct Answer:
Verified
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